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Sokoman Reports Final Assays from Phase 2 Drilling and Receives Report on Structural Analysis of the Eastern Trend Moosehead Project, NL
St. John's, Newfoundland--(Newsfile Corp. - January 31, 2019) - Sokoman Iron Corp. (TSXV: SIC)...
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[{"type":"text","content":"Sokoman Reports Final Assays from Phase 2 Drilling and Receives Report on Structural Analysis of the Eastern Trend Moosehead Project, NLSt. John's, Newfoundland--(Newsfile Corp. - January 31, 2019) - Sokoman Iron Corp. (TSXV: SIC) ('Sokoman' or 'the Company') is pleased to announce that it has received all outstanding assay results for drill holes completed during the Phase 2 diamond drill program on the high-grade Moosehead Gold Project in north-central Newfoundland. The results are mainly from the Western Trend and historical targets up to 1 kilometre to the north and south of the Western Trend. The results also include assays from infill sampling from MH-18-39, and two holes not previously reported on from the Eastern Trend, MH-18-37 and 40. All core intersections from the Phase 2 drilling that were thought to have intersected high-grade mineralization based on quartz veining and visible gold sightings, were cut and rush assayed in December 2018 with results reported in the December 14, 2018 News Release. The full results are in a table appended to this news release. The Company is also pleased to announce that the Phase 3 diamond drilling will begin immediately and will focus on targets identified from a preliminary structural evaluation recently completed on the Eastern Trend. While the ice thickness on North Pond is currently not sufficient to support drilling equipment, extensions to the Eastern Trend can be tested by land-based drilling. In the meantime, the Company will continue with efforts to increase ice thicknesses, by flooding, at North Pond. Eastern Trend Highlights include the intersections below (core lengths reported, true widths vary from 60% to 100% of intersected widths):MH-18-40     14.70m @ 0.98 g/t Au incl., 0.65m @ 13.00 g/t AuMH-18-39     9.05m @ 70.29 g/t Au (incl., 5.10m @ 124.21 g/t Au previously reported)MH-18-37     3.70m @ 0.92 g/t Au incl., 0.70 m @ 2.45 g/t AuAdditional sampling in MH-18-39 immediately up-hole from the previously reported 5.10m high-grade section returned low grade gold values for an additional 3.95m including 1.40m @ 1.34 g/t Au. Sampling immediately downhole from the 5.10 high grade intercept returned only anomalous gold values to a maximum of 94 ppb. The revised intersection is: 9.05m @70.29 g/t Au from 75.45m downho...